Bandai Namco (OTCMKTS:NCBDY) Shares Up 1% – Time to Buy?

Bandai Namco Holdings Inc. – Unsponsored ADR (OTCMKTS:NCBDY) shares rose 1% during trading on Friday . The company traded as high as C$16.48 and last traded at C$16.42. Approximately 17,071 shares were traded during trading, a decline of 46% from the average daily volume of 31,872 shares. The stock had previously closed at C$16.26.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Bandai Namco to a “hold” rating in a research report on Friday, August 15th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Bandai Namco presently has an average rating of “Hold”.

Bandai Namco Trading Up 1.0%

The stock’s fifty day moving average price is C$17.19 and its 200 day moving average price is C$16.76. The stock has a market cap of C$21.25 billion and a P/E ratio of 0.27.

About Bandai Namco

BANDAI NAMCO Holdings Inc develops entertainment-related products and services worldwide. The company operates through four segments: Digital Business, Toys and Hobby Business, IP Production Business, and Amusement Business. It offers toys, capsule and candy toys, cards, confectionery products, food, apparel, sundries, plastic models, figures, consumer electronics, stationery and visual products, pachinko and pachislot machines, medical and electronic-related equipment, playground equipment, bicycles, furniture, robot toys, prizes, and other products; and contract services for inspecting and testing.